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tooth
Trad climber
B.C.
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I love the terminology they use in the title. "gaming' the referral program.
If you didn't know anything about it the title alone would make you biased against them.
if you owned a Tesla, and, like me, got referral credits for each person who used me as a referral source when they bought theirs, this isn't even a story.
the youtube girl, LikeTesla has gotten a free MXP100D among other things, and the Norwegian asian guy, Bjorn Nyland, takes his X offroading and has so much credit from people who watch his channel that he uses it up to fix his car in the shop after he tries doing stupid things with it.
That's how Tesla does things. The Drive may not be able to wrap their minds around it because it isn't like every other car company (who pay THE DRIVE advertising money, cash), but Tesla spends its advertising money on referral credits for existing customers.
Lots of auto publications are upset at Tesla because they don't give them advertising money.
Lots of Tesla owners are happy with Tesla because their phone rings if their car gets rear ended, Tesla asking if they are OK. Also because they get to be part of 'advertising' and recognized for what they do, and also because the company, Tesla, follows up with them after they buy the product where most car companies have no personal contact with the majority of their owners - the dealers' service centre does.
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MikeL
Social climber
Southern Arizona
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Tooth: I love the product.
A product advantage does not equate to a competitive advantage.
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Reilly
Mountain climber
The Other Monrovia- CA
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^^^ Exhibit A: The Tucker 48 - a technological wonder but a business failure.
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tooth
Trad climber
B.C.
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Debbie Downer: zing!
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August West
Trad climber
Where the wind blows strange
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You guys, on the other hand, are talking out of inexperience and parroting media. Respect😂
I’m sure you said Amazon would never compete with large giants like WalMart etc. I find that people who lack vision tend to try and tear down those who do. Human nature?
Tesla delivered around 100,000 in 2017.
Gm sold around 10 million vehicles in 2017.
Tesla's market value was above GMs.
Yea, that raises questions and gets the attention of short sellers even before you take into account the huge debt load that Tesla has and the challenges and growing pains of moving from a boutique sports car company with high margins to a mass produced car company with low margins.
I don't hate Musk but he has shown himself to be a d#@&%e. I still hope Tesla makes it but I think it is entirely appropriate to point out the cult-like following that Musk/Tesla has.
I remember the dot.com bubble and the quip that Amazon loses a little bit of money on each sale but makes up for it with volume.
My response was, at least Amazon had a cash flow and if they could get costs down a little bit you could imagine that they could make a profit. Which was more than you could say about the majority of the dot.com bubble companies.
If you knew nothing else except that a company was new, predicting it to go under is a smarter bet than expecting it to be worth more than GM. Most startups fail. For every Amazon/Google there are many thousands of startups that fail. Maybe Tesla will buck the trend.
Maybe.
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August West
Trad climber
Where the wind blows strange
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And I still think that this "visionary" thing is just another word for charismatic salesman.
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fear
Ice climber
hartford, ct
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And I still think that this "visionary" thing is just another word for charismatic salesman.
I'd say that for Steve Jobs all the time. He was a fantastic salesman.
But Musk has a LOT of irons in the fire, from electric cars to rockets to theoretical tunnel boring applications. I would argue that Musk's creativity and technical breadth(even if it's shallow) far exceed anyone who is just a great salesman. He's also not realistic (people on Mars, trains in vacuum tubes underground), but we'd never progress as a species without unreasonable people.
Not to say that any of these irons will ultimately be profitable but I think that's a different story. Competition is a good thing, a great thing, and if Musk can pull off even one of these things without government cheese, then good for him, and good for us.
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tooth
Trad climber
B.C.
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There is a great divide in capitalism between technical success and business success. If we can’t allow any aspect of socialism into allowing technical progress then progress will be hampered in that country vs those who do. Because business success of Tesla , for example means that even though their product is better than GM’s, the pathways for growth in the marketplace of a new technology is not there. Norway, on the other hand, had 45% of new vehicle sales being fully electric with another 15% plug in hybrid. In an entirely capitalistic.
I find it odd that GM, which is government cheese to the tune of 11B, never gets half the flack that Tesla gets. That is enough to buy a quarter of Tesla outright. Enough to run the tax rebate system for every car company forever.
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High Fructose Corn Spirit
Gym climber
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Somebody go watch this LIVE and report back.
7:21 PM tonight!! First West Coast Landing!!
This is SpaceX’s first attempt at a land landing on the West Coast. LZ-4 is built on the former site of Space Launch Complex 4W, from which Titan rockets were previously launched. You can watch the live launch webcast below...
https://www.spacex.com/webcast
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Reilly
Mountain climber
The Other Monrovia- CA
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What about me, huh? I gotta buy my own damn Pellegrino?
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tooth
Trad climber
B.C.
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Tesla Model 3 achieves lowest probability of injury of any vehicle ever tested by NHTSA
https://electrek.co/2018/10/07/tesla-model-3-lowest-probability-of-injury-nhtsa/
“NHTSA tested Model 3 Long Range Rear-Wheel Drive as part of its New Car Assessment Program, a series of crash tests used to calculate the likelihood of serious bodily injury for front, side and rollover crashes. The agency’s data shows that vehicle occupants are less likely to get seriously hurt in these types of crashes when in a Model 3 than in any other car. NHTSA’s previous tests of Model S and Model X still hold the record for the second and third lowest probabilities of injury, making Tesla vehicles the best ever rated by NHTSA. We expect similar results for other Model 3 variants, including our dual-motor vehicles, when they are rated.”
In addition to its near 50/50 weight distribution, Model 3 was also designed with an extremely low polar moment of inertia, which means that its heaviest components are located closer to the car’s center of gravity. Even though Model 3 has no engine, its performance is similar to what’s described as a “mid-engine car” due to its centered battery pack (the heaviest component of the car) and the fact that Model 3’s rear motor is placed slightly in front of the rear axle rather than behind it. Not only does this architecture add to the overall agility and handling of the car, it also improves the capability of stability control by minimizing rotational kinetic energy.”
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fear
Ice climber
hartford, ct
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Adendum to the report:
UNLESS THEY BURN TO DEATH.
I kid... I kid...
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tooth
Trad climber
B.C.
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For those who don't know why he is kidding about fires....
Gas cars have 174,000 fires per year. One every three minutes. Not newsworthy.
55 fires per billion miles driven in a gas car.
5 fires per billion miles driven in a Tesla. (based on 9 billion miles driven by Teslas so far)
So gassers are 11X more likely to catch fire than an electric car with old battery tech. When the new battery packs come out, and the 11th year of battery tech gets out, it will be that much safer than the 110yr old ICE tech.
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FRUMY
Trad climber
Bishop,CA
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So cars driving around with gallons of highly volatile gas only catch fire 11X more than a car with no gas.
I would have thought that it would be a little more like 11,000X more likely.
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fear
Ice climber
hartford, ct
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Anytime that much energy is stored in a small concealed space..... stuff is gonna' burn people to death from time to time.
Hydrogen/propane scares me more than batteries or liquid...
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Reilly
Mountain climber
The Other Monrovia- CA
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My bro’s neighbor brought his new Model S home yesterday. Today he couldn’t open the door because the window had frozen itself to the gasket and I guess the windows have to unfurl half an inch before the door will open. LOL
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fear
Ice climber
hartford, ct
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I hope he realized he's beta-testing a generation 1 exotic car.... and everything that goes with that.
I wouldn't buy a year 1 new model from Honda or Toyota either.
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FRUMY
Trad climber
Bishop,CA
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The Model S is not a first-year production car I believe they went into production around 2012.
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Reilly
Mountain climber
The Other Monrovia- CA
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Боже мой! Which me poor brother lives at 9100’ in the Colorado Rockies!
He put ‘is snow tires on today seeing as how snow is forecast tomorrow.
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